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March 23, 2022

Data Center Developer Begins Major U.S. Expansion With New Atlanta Project

Data center developer Flexential is planning to dramatically expand its data center footprint with new construction in the coming years, and it is kicking off the push with a big project in the Atlanta market. 

Data Center Developer Flexential Begins Major U.S. Expansion With New Atlanta Project

The Charlotte-based colocation provider began construction on a 150K SF, 22.5-megawatt data center in Douglasville, Georgia, and Flexential executives tell Bisnow it is the first step of an aggressive national growth strategy. The company plans to build around 93 MW of data center capacity by the end of next year,…

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After Losing Emory, Decatur Office Owner Sinks Millions Into Renovation

After Losing Emory, Decatur Office Owner Sinks Millions Into Renovation

The owner of a Downtown Decatur office building is unveiling its rebirth this summer in the quest to capture tenants who are seeking out new and renovated properties throughout Metro Atlanta.The RMR Group, a global alternative asset investment firm, is renovating 101 West Ponce de Leon Ave., a 112,500 SF office building…

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Georgia, Washington Poised To Expand Data Center Tax Incentives As States Compete For Growing Market

Georgia, Washington Poised To Expand Data Center Tax Incentives As States Compete For Growing Market  

Political leaders in two of the nation’s largest regional data center hubs are doubling down on tax breaks for the industry.

The legislative efforts in Georgia and Washington come as states increasingly use tax incentives to compete for a piece of the nation's rapidly growing data center market. But these incentives have begun to face scrutiny in other localities, including the Northern Virginia county that pioneered the strategy.  A pair of bills with…

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A Biomanufacturing Bottleneck Threatens To Blunt Biotech’s Boom

Biomanufacturing capacity is at a critically low level for startups and early stage life sciences firms, imperiling the success of new companies and their ideas.

At this moment, a confluence of factors, including the boom in mRNA vaccine technology and new cell and gene therapy firms, has grown beyond the capacity of the nation's contract manufacturing industry, which firms depend on to outsource their therapy production or meet sudden demand. Life sciences startups need these spaces to run clinical trials and work out kinks in their own manufacturing processes before making bigger real estate commitments.

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Taking The Leap: How 3 Women Left Big Firms To Launch Their Own CRE Companies During Covid

 

WASHINGTON, D.C. — Kelly Nagel, who has worked for publicly traded REITs and other big firms during her career, decided at the end of last year to leave her job and pursue a lifelong dream of starting her own company.

A single mother of three, Nagel said the experience of staying at home with her family during the pandemic led her to rethink her priorities. She no longer wanted to travel for work as much as she did before the coronavirus, and she wanted the freedom to set her own schedule. 

"It forced me to re-evaluate what was going on in my life," she said. "I can take the parts of my job that I love and turn it into something that’s mine and have the flexibility I need and want and be able to be around for my kids, but also be able to build something." 

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